SG Americas Securities LLC Makes New Investment in Ultrapar Participações S.A. (NYSE:UGP)

SG Americas Securities LLC purchased a new stake in Ultrapar Participações S.A. (NYSE:UGP - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 142,151 shares of the oil and gas company's stock, valued at approximately $374,000.

A number of other institutional investors also recently bought and sold shares of UGP. Sequoia Financial Advisors LLC acquired a new stake in shares of Ultrapar Participações during the 3rd quarter worth about $46,000. Freedom Investment Management Inc. acquired a new stake in Ultrapar Participações during the third quarter worth approximately $48,000. Signaturefd LLC raised its holdings in Ultrapar Participações by 67.9% during the third quarter. Signaturefd LLC now owns 16,017 shares of the oil and gas company's stock worth $62,000 after purchasing an additional 6,476 shares in the last quarter. PDS Planning Inc lifted its position in shares of Ultrapar Participações by 90.2% during the 3rd quarter. PDS Planning Inc now owns 21,408 shares of the oil and gas company's stock worth $83,000 after buying an additional 10,153 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Ultrapar Participações by 109.2% in the 3rd quarter. Blue Trust Inc. now owns 33,124 shares of the oil and gas company's stock valued at $130,000 after buying an additional 17,291 shares in the last quarter. 3.58% of the stock is owned by hedge funds and other institutional investors.

Ultrapar Participações Stock Performance

Shares of NYSE:UGP traded down $0.09 during trading on Friday, reaching $2.77. The company had a trading volume of 907,975 shares, compared to its average volume of 1,334,779. Ultrapar Participações S.A. has a fifty-two week low of $2.53 and a fifty-two week high of $6.34. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.57 and a quick ratio of 1.11. The stock's fifty day moving average price is $2.76 and its 200 day moving average price is $3.48. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 6.01, a price-to-earnings-growth ratio of 2.51 and a beta of 1.52.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on UGP. StockNews.com cut Ultrapar Participações from a "buy" rating to a "hold" rating in a research report on Wednesday, November 13th. HSBC upgraded Ultrapar Participações from a "hold" rating to a "buy" rating in a research note on Friday, January 17th. Hsbc Global Res raised shares of Ultrapar Participações from a "hold" rating to a "strong-buy" rating in a report on Friday, January 17th. JPMorgan Chase & Co. upgraded shares of Ultrapar Participações from a "neutral" rating to an "overweight" rating in a research note on Tuesday, January 7th. Finally, Scotiabank raised shares of Ultrapar Participações to a "hold" rating in a research report on Friday, December 27th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $3.20.

About Ultrapar Participações

Ultrapar Participações SA, through its subsidiaries, operates in the energy and infrastructure business in Brazil. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers, in addition to renewable electricity and compressed natural gas. It also operates in the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; and holds AmPm convenience stores and provides JetOil lubricant services.